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you very much. a key session in japan overnight. >>> as we pivot our focus to europe, you see stocks addi adding .3%. consistent with the rally we've seen over the last several trading sessions and apparently having plenty to do with the possible resolution of u.s. fiscal talks. we'll have more in a little bit. the survey also helping to lift sentiment or keep it buoyant. look at the major borses. green in the harder hit regions. ftse mib, spain up better than 1%. consistent with the rally we saw yesterday. remarkable. the xetra dax adding .1%. for its part, up to close to 30% this year. the ftse 100 adding .3. the bond space, we'll look at that and talk later about the big trades that have helped some hedge funds, for example, when it comes to greek debt. for the time being, mario's comments this summer is have techively kept the bond gleelds a tight range since then six months or so now, this is going. and differentiation across the space where italy price rising, not the case for spain which is seeing its yield up to 5.3. and i know we haven't mentioned this in a while, but i want
all over the struggling countries of eastern europe with promises of badly- needed work abroad. many are unaware of what the traffickers have in store. the production team has set up cameras here. >> we knew that if we wanted to get inside the story that we had to be in a place where it was so prevalent that everybody would have an example or know people who were trafficked. and that's what brought us ultimately to odessa. >> narrator: frustrated with an inability to chase the traffickers overseas, the ukrainian secret service has given us a tip about a suspected sex trader who regularly brings girls through here. across from the port, on the famous odessa steps, we secretly film as she traffics young women to turkey. we've been asked to call her olga. >> the secret service said that she runs a legitimate business as a cover, and she basically takes women from moldova and ukraine to work as domestics in turkey. and amongst these women are some younger women who she sells to traffickers and pimps in turkey. we wanted to answer some fundamental questions, like why don't these women run
. ultimately this means that europe and the united states have less leverage in the region. this allows other countries in the region to compete or political, economic and military influence in the region. i'm looking for to hearing eyewitnesses discuss this issue today. really want to hear what you have to say. i believe that armenia, azerbaijan and georgia, trustworthy allies of the united states better realize full well that their bilateral relationships are complicated and that they have to take their immediate neighborhood into account also. with only two open borders and one of them being with iran, armenia faces the constant threat of isolation. this is a for driver in managing armenia's relationship with iran. azerbaijan has a sizable diaspora in northern iran, by vastly different strategic social and political orientation than iran's leaders. despite a potential religious incident between iran and trenton, iran has a stroke decided with armenia over the contested region. furthermore, azerbaijan and joys the solid relationship with israel. which further distances terrain from one anot
that is necessarily the right body to do it. it certainly does not think that all 6000 banks in europe should be involved. france on the other hand -- france and spain leading the charge, saying that this must be done now. financial markets are being very good and not panicking, but if they see continued failure of eurozone finance ministers to agree to this, we might get the restoration of finance of duties, which of costa much trouble in recent years. the deadline for agreeing is no overarching bank advisory super body is meant to be in place on january 1. it does not look likely, and a lot of frustration at this meeting today with the sides deeply divided and no sign of agreement. that, of course, is the basic issue -- why has there not an overarching supervisory control? precisely because it was difficult to do then. the eurozone crisis highlighted that failure, and we've still got the same problems blighting the regular meetings of finance ministers. >> despite the eurozone crisis, german exports are still robust. >> we will have the latest on the german export data later on in the progr
data showing the private sector has expanded for the first time since april and signaling europe could avoid a recession in q4. >>> and japan's business sentiment sours in the fourth quarter. this reading comes two days before a nationwide vote that suggests it will hand the ldp position a landslide win. >>> we're going to give you all the latest results from the flash december data for the pmi for the eurozone that we're just getting out. the overall, the deposit is a touch stronger for the month of december. the details show the manufacturing weakened slightly and its services strengthened slightly. they are overall still in negative territory. and we're seeing the euro/dollar respond a little bit to the downside. down about 0.01% trying to fight back into flat on the day. 130.75 is the level there. again, the services pmi is at 47.8. compared with the 47 that was expected. it's a five-month high. the manufacturing pmi, 46.1. the manufacturing all told, 46.3. that's a bit under the poll of 46.6. with more on the reaction to these figures, we have rob doddson with us. rob, welcome. it
into recession, and i think this will have repercussions in europe and asia as well. >> that sounds very serious. how are americans responding to all of this? >> the majority of the people are just frustrated. they are tired of this partisanship. they want politicians in washington just to do their job. i think consumer confidence will go down, and the stock markets, wall street will probably go south. >> thanks so much. >> as we just heard, uncertainty is the word now in markets now on both sides. let's get the lowdown on sentiment among german investors as trading closed in frankfurt. >> nobody here believes that the u.s. will fall over that fiscal cliff. it would just be too great, the consequences to dyer, not just for the united states, but for the world economy, too, also for germany, but people do not know, and they do not like the prospect of a decision may be taking more time, may be even reaching into the year 2013. it would be a pretty bad start, a rumbly start to the new year, people think. the trading was careful. the shares lost some momentum in late trading, late european trading
likely signal a partial shift away from her hard line stance on europe. and more danger may lie in wait for merkel outside of the country. merkel may have steered a steady course in the euro zone, sovereign debt and banking crisis, but the problems are far from over. >> we are still in the financial crisis and we don't know what state of emergency will pop up in the next year. the global economy will be a serious problem. >> 2013 may also be the year when germany starts to feel what much of the rest of europe has suffered through, the pain of a recession.
? it is africa. the route is from south america to africa, to europe. where is the new al qaeda organizations? where are they budding? where are they really being troublesome? witness benghazi, northern and western africa. that's where we fear al qaeda is taking root. what is the biggest fear? biggest fear is al qaeda northern africa and western after africa will become drug dealers. part of that cocaine movie in south america to europe getting the proceeds and thereby funding their terrorist activity. jump cut to this case involving these three men from maly. operating in maly and ghana. our d.n.a. informant contacts one of the local thugs who is said to have some association with al qaeda and says hey, guy, i have got a coke deal. i have got to get cocaine, tons of cocaine from south america here to maly and guana and south africa and up to europe. you al qaeda help me. you al qaeda will become part of my drug empire. >> operation. >> so what happens is the guy was not an actual drug dealer. he was a sting, a dia operator. the main contact point the guy thought to have some communication wi
pacific region. not in europe as has been for 100 years prior to that, than the asia pacific region. secondly, that we would maintain freedom of access throughout that region. in particular, we would maintain the sea lanes in that area, whatever the challenge might be. even as we reduce our defense budget, therefore we must maintain and would maintain a powerful navy, and that that navy would be charged with maintaining the freedom of those sea lanes. we had, of course, to be concerned as to whether there would be a challenge for that. we observed that the rise and shine has more energy needs for more energy than they can produce themselves, and to maintain the economic growth which they believe is essential. we observed that the south china sea is a potential source of energy supplies for china and that there is a contention among the nations in that region as to where the ownership and rights of access are to the south china sea. and this is conceivable that china might seek to reestablish its claim there by military coercion and that could lead them into a confrontation with the
sales. figures show auto sales in europe shrunk by over 10% in november. >> that was the 14th month in a row that purchases declined according to the european automobile manufacturers association. buyers in italy, spain, and france proved especially wary. only britain bucked the trend with a rise in new car sales. a decade it has been since the inclusion of the german media empire. the state appellate court in munich today ruled that deutsche bank must pay damages to the heirs of the deceased mogul. >> the court ruled that the former ceo of deutsche bank, seen here, was responsible for the collapse of the world's largest licenser of film rights. in an interview, this credit worthiness was question, driving the conglomerate into bankruptcy. damages are expected to range anywhere from 120 million euros to 1.25 billion euros. it was also a big topic at the frankfurt stock exchange today. our market correspondent gave us this report from the trading floor. >> for the deutsche bank, this verdict is more than just a verdict because it weighs heavily on the image of germany's biggest bank.
here or in europe. >> i heard that even if he distances himself he can contribute to contribute as a real leader to our country, because our country is in are really difficult situation. i hope that he can do something positive. >> campaigning for the elections will start officially. in the end, he may be called again to lead the country out of the economic crisis. al jazeera, rome. >> still to come -- security remains tight inside the egyptian presidential palace after the opposition rejects a referendum. and fired tear through a market in the afghan capital, destroying thousands of shops. we will back in just a few minutes. >> hello. the weather is looking pretty good over eastern brazil. the showers have drifted away over the heart of the amazon basin. 1 or two showers over the east. temperatures around 32 degrees. we will see highs around 30 celsius in buenos aires. pretty humid. i would not be surprised if we caught a rumble or two of thunder. you could see some temperatures around 26 celsius in santiago. we're seeing some rather wet weather. showers drifting away across ve
and the mayors say it will be the flagship of the grain movement in europe. not everyone is so enthusiastic. >> of course i think about the environment, but i'm afraid the dozer -- that those that are used to traveling by car will not use the system. >> if the price of fuel was hired, people might not use car s, but people will not use it just because it is free. >> i do not think it really is free, because we are paying taxes. >> three-quarters of voters backed the proposal in a referendum. ho only one-fifth of those eligible took part in the polls. -- only one-fifth of those eligible took part in the poll. the opposition here says this is less about the clean environment, and more about political hot air. the mayor denies he is simply trying to win votes and says the scheme will pay for itself by attracting more business. >> i want it to be the green capital of the eu. >> some estimates say it costs $19 million, the waste of public money. >> there will have been no significant decrease in car transportation, or increase in public transport. that is why it is political. >> it is an idea th
to tuesday, showers will increase. where the rest of europe, we're looking at an ice conditions. non-profite, pro-people. >> welcome back. the top stories are now the zeroth, wounded dr. 21 of his colleagues were found shot dead in a remote tribal region. the officers were kidnapped on thursday. hundreds of suny muslims -- sunni muslims protesting that they're getting targeted for arrest. they have been protesting for days. prayer is being held in india for a gang rape victim who died from her injuries. her body was cremated after being flown back from singapore. six men are being charged with her murder. let's get more now on the security situation in pakistan. they say it is unlikely that the government would engage with talks with the taliban. >> basically, this is part of a concern of an organized campaign mounted by terrorists, whoever they are coming to demoralize the securities and also to defeat any attempt by the government to crack down on them. the second objective of this campaign seems to be putting fear and terror in the minds of common people live this is what we have
. that was growth of the growth off the growth. melissa: right. >> the lesson to be learned from europe isn't to be careful on cutting. it is to be careful on hike being, on hiking taxes. the beast is the government, in my opinion here. the beast is the government. you don't reward the beast by giving it more food, more dollars. that's what i near is going on here. melissa: yeah. lori: the president's desire to get rid of the debt ceiling limit at all, what kind of ramifications, what could happen? are we looking at another debt downgrade? a second downgrade could be really, really -- >> here is what i agree with him. this charade we go through every few months on the debt limit. republican presidents, democratic presidents, mark zandi from moody's it does damage our credibility. i agree to something like that. i didn't like fiat saying i will handle the debt thing. that would be like letting me run loose in a best buy electronics store. not a good idea. i understand where he is coming from. we do have a find a way we can, you know, not hold our entire government hostage to these debt ceili
again, very tiny amounts of electricity, and in europe, we're seeing the green guru, james lovelock calls it the greatest folly on europe, relying on wind power to help base llad of electricity. denmark which people holds model, has not shut a single coal based plant or carbon based plant since they went all wind. sandra: easy to get emotional. so let's put facts. energy department under current administration spent $1.69 billion in loan guaranties for wind projects. >> yes. sandra: so far no offshore wind pardon me is operating today in american waters but yet we are now announcing tens of millions of more dollars being spent to do so. >> yeah. looks like first ones might go online in new jersey in 2013 or 2014. so it is still far away. even once you get it though, you still have all the other environmental issues from bird impacts, unsightlyness of it. it is intermittent power. all the money going into it, at the same time, we're shutting down coal and now the obama administration has announced its intent to go after natural gas tracking and shale oil -- fracking and shale oil bec
from its oil exports. 9% of which are purchased by europe. president bashar al-asaad ruled for 12 years after assuming the presidency under questionable circumstances can argue. regime allies aloud him to take office at 32 years old. he was approved by a voter referendum of yes or no. martha: he rarely appears in public. january 11 he addressed a public rally in the capital city of damascus. after that march 27 he visited a former rebel stronghold to allegedly inspect the conditions there. his most recent appearance on june 3, he spoke before syria's parliament. we covered it here on fox. in that speech he denied reports his government massacred rebel fighters and civilians and he accused foreign terrorists of plotting to destroy his country. bill: . the government moving defense missiles to turkey. it will be defensive posture only. the western alliance is set to okay those weapons. the patriot missiles not expected to arrive in turkey until next month. martha: let's go to egypt which is also very volatile at the moment. the presidential palace is looking like an armed palace. they sta
because many companies, high-tech companies from america, from europe, have subsidiaries in china, selling to chinese industries and trading companies. north korea works that system very well to end up with those kinds of high-tech items from outside china. and so while i can't speak specifically on the missile program i certainly can on the nuclear and yes, indeed, north korea buys european high-tech equipment and likely u.s. equipment. so it's a problem. china has been made aware of the problem but they haven't done enough and, i think this missile launch could be a further step. again if it happens, it could be another step in building pressure on china to enforce the u.n. security council sanctions on north korea and in fact to team up with the rest of the world to try to apply stronger sanctions and more effective sanctions on north korea. jon: kim jong-un and his father indicated, they proved time and time again they were more interested in having ballistic missiles and that kind of technology than they were in seeing their people fed. are you convinced that there is a way to impose
in missiles, -- winding machine. these things are used in missiles. europe has tightened up. they have been working actively in china to buy european- american-chinese goods. the government is not completed, but they're not doing enough. we're thinking that pressure needs to be brought on china. goods made in germany, sold by that company to the chinese company that thinks it will keep it in china, but in fact it is going to iran. all it a country of tr concern. we're thinking maybe it is time that china is called out on that. china needs to be pressured to stop a local in the system internationally that is being created to keep iran from outfitting its centrifuge program. that effort over time has had tremendous success. with more and more sanctions, it is been more successful. more purchases stopped, more interdiction's, more trouble for iran to make progress. >> in terms of u.s. non- proliferation programs, david is emphasizing some of the holes that exist, particularly in controls and lack of enforcement of existing sanctions legislation. what is your assessment of non- proliferation pr
these days. >> and i want to take a look at a longer term chart. in the midst of all this in europe and everywhere else, that is a chart that a lot of people would be envious of. jim, we can't neglect what's happening today in washington. has it affected you at all? have you made any plans? are you doing anything based on what these publioliticians are wrangling' about? >> certainly, it's slowed our growth. >> it has? >> in the couple of years, it's slowed even faster. government was weaker than normal for the quarter and i think we'll see that going forward a bit. it's hurting for us. we have a lot of cash, we have no debt. so it's not a major, major impact. certainly the lack of clarity is hurting our customers and that ultimately affects us, as well. >> so you do business with the government and also the uncertainty around the policy has affected some of your customers to some extend? >> oh, absolutely. now, we sell a high valued proposition, so we do well in downed markets. so at the same time it's hurt us with some government customers. overall, the lack of certainty has led pe
of central europe. they have a map of the park benches and a fire hydrant. we did not have a map. do your best, he said. i looked up and my brother was an enlisted man in the army and he said, whatever you do as a second lieutenant, don't show indecision. just make in order and make a decision and move with it. so i grabbed my driver and radio operator in a looked out across one of president eisenhower's new interstates going alongside it and i saw phillips 66 gas station. there is the rest of the story. i grabbed him and went over and walked in full battle gear, gas mask, pistol and everything else up into this midnight on the midnight shift filling station operator. can i have a map of? you know, when the shows an edge of memphis appear? he jumped off of his stool, scattered around behind the counter and gave me a map and out the door i went. that was preparation number one. we did at least have the map and the lead jeep for 640 military policeman, 140 vehicles, the driver and elite jeep and the lieutenant have a map. crossing into the base, i notice that there was a shore patrolman wor
the neighbors of syria and our allies in europe -- some of which have now been ahead of us like france, britain -- that we will focus in on this immediate, really potentially disastrous threat that assad will use chemical and biological weapons. >> you said a moment ago that iran is our most dangerous enemy. >> right. >> if so, how far should we be willing to go to prevent iran from acquiring nuclear weapons? >> well, you know, i just echo what everybody has said right up to president obama, that it's unacceptable for us to allow iran to become a nuclear state, that containment is not an acceptable alternative for all the reasons we know. i think that's absolutely right. it changes the whole balance of power in the middle east, it emboldens the terrorists like hamas and hezbollah that are agents of the iranian government. it probably, unless we're strong, leads some of our allies in the arab world to begin to accommodate to iran, and it's a threat to most of the rest of the world, including us. so, you know, the sanctions have been unprecedented, they're having an effect on the iranian economy
that whirlwind trip through europe. i was along with her on that. and it was quite a hectic scheduled. after that, the stomach bug, which others had, also, on the trip. overcame her, and she suffered this concussion. it's not clear when she's capitocoming back. >> margaret, even people in the billion don't know. even people at the top levels of that department are also getting their news from the statements, know very little about what she's doing, how she's doing. and what a twist for her. this amazing run, unquestioned praisefor four years, and all of a sudden this bad report, sort of weird absence, politico today reporting that chelsea clinton troops in take a higher role in the next months. she's been doing some charity work through the clinton foundation sandy recovery. > recovery. >> schieffer: what is she going to do? is she going to run for something, too? >> a lot of democrats hoped she would run fair congressional seat. we're told that's not the case. but she'll be out there sort of as the clinton face, as-- >> this lack of disclosure i think is trouble responsible i really do think the
democrats and in europe. they need some time to be more able -- to be able -- they are very successful on the side of the opposition. right now in sight of the government, there is a tremendous responsibility. we have seen that from the parliamentarian elections were the muslim brothers in egypt but the majority. until the results, they lost 4 million of votes. this is why we have a responsibility in the united states to support democratic institutions not allowing any ideological block to hijack the revolution or the institutions. at the same time, not taking sides. that will have a negative impact. it is an important asset to combat the jihad tests or the extremists. -- jihadists or the extremists. the muslim brothers in tunisia .ccused this is why we have to a differentiates between the muslim brothers and the girondists. do not put all the islamists in one basket. -- jihadists. do not put all the islamists in one basket. are they committed to values. this is the most important thing. >> and we have seen in syria where they had a violent fight between the muslim brothers and the ala
, our former colleague, literally were wounded at about the same time in europe and were in the same hospital recovering from tremendously serious wounds. senator inouye, of course, later was awarded the congressional medal of honor for that. senator pryor was telling the story that when senator inouye was finally elected to congress he wrote senator dole a note and said, "i'm here. where are you?" because both of them, when they were recovering from their war wounds, had determined that one day they wanted to serve in the united states congress. inouye got here first. a few years ago senator inouye and senator ted stevens invited a number of us to go with them to china. it was quite an experience. senator stevens -- of course, another world war ii veteran -- had flown the first cargo play plane into what was then peking in 1974. and senator inouye was well-regarded in china for that service. and so the group of norse -- there must have been -- and so the group of norse -- ther of se must have been a dozen of us -- got together with the leaders of china. we were accorded every courte
their capabilities so they can provide for their own security. in latin america, africa, europe, and elsewhere. the past decade of war has reinforced the less than that one of the most effective ways to address long-term security challenges is to help build the capabilities of our allies. we have seen its approach with our counterinsurgency campaigns in iraq and afghanistan and our counter-terrorism efforts in yemen and somalia. we are expanding our security force assistance to a wider range of partners, in order to address a broader range of security challenges. in the asia-pacific, the middle east, and europe, africa, and latin america 3 to implement this area of strategy, the services are retaining the security cooperation capabilities we have honed over a decade of war and making investments in regional expertise. for example, for the army's new regionally aligned for grade a g brigade structure, they are able to engage on a regionally aligned brigade structure, they are able to engage on a rotational basis. to cut through the bureacracy and red tape to provide assistance. i visited countr
coming under pressure recently starting to turn. europe seeing improvement helping equities along as well. lori: not sure if you mentioned the fed. we were talking about it at the top. talking about their expectations of ben bernanke. nicole: would even throw out the idea of stimulus? that helped things along pushing us along throughout this entire last six months. lori: absolutely. thank you so much, nicole petallides on the floor of the new york stock exchange. protests turn violent in lansing, michigan, as union protesters ripped down a tent belonging to right-to-work supporters. becoming the 24th right-to-work states today allowing workers to get the right to join unions. jeff flock is in lansing michigan covering the story for us. i thought it was interesting how you covered the scene there with michigan a few years back, excuse me, wisconsin. >> wisconsin, exactly. not the same kind of intensity. part of that is because this is already pretty much a done deal. there they had not a teacher headed off. the second one being debated right now. but renew over here to the scene of the geo
of avoiding billions of dollars of taxes in the united states and europe. the accusations, after amazon bought a home in luxembourg and channeled their sales through it in order to create a tax shelter for the american and european governments. the stock by $0.24. dagen: make sure to wash your hands before you check out. according to a new survey, 16% of online holiday shopping is conducted on the pot. from the toilet. in the john. more than 38 million adults admit to shopping with their pants around their ankles. the study did say men are more likely than women to shop when they are on the pop. the study comes to us from cash starved. that is disgusting. connell: that is multitasking. great video. dagen: they always talk about your phones being really nasty. connell: the dirtiest thing in the world. where is the incentive for the president to make a deal? he has to trust the voters. some of the polls have been saying that. why make a deal. juan williams on why the president should cut a deal with the republicans. dagen: causing companies. bonnie. these are not losers, they are winners on the
in europe. any deployment will be defensive only. it will in no way support a in fly zone or any offensive operation. >> syria possessions missiles. we know they have the chemical weapons. of course, they also would have to be included in our calculations. this is will the reason why it is a matter of urgency to ensure effective defensive protection of our ally, turkey. >>reporter: these missile batteries will be programmed only to intercept missiles coming from syria which will be in operation in a few weeks. >>shepard: the syrian president is being wanted not to use the weapons but are there signs he could be getting the message? >>reporter: the white house press secretary seems to think so. >> the president spoke of this explicitly and we had this conversation yesterday about another component being proliferation. it is you spy, syria, or proliferation of, the chemical weapons stockpiles. it is hard to imagine they are not fully aware of the seriousness of the president's position on this. >> secretary of state clinton is in brawls attending the nato foreign minister session. she emphas
%. europe and the loo 20's. money goes where is welcome, and money and jobs are falling to other countries. we will have to change our tax had to make it more as the double the business. lou: as always. good to talk with you. much more on the fiscal cliff, the negotiations that went to college. we will take that up with the "a-team" and throughout the broadcast tonight. arabs bring to winter of discootent. chemical weapons, iranian nukes, tens of thousands protesting ease of snow is dictated. is u.s. intervention next? carl oliver north joins us in moments. runaway spending, our national debt top $16 trillion. who is doing the math? my next guest says it is all worse than people no. former house ways and means committee chairman bill archer after the break. this family used capital one venture miles to come home for the holidays. that's double miles you can actuallyse... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bes, doesn't it? my gifto you! the capital one venture card! for any flightany time! th's double mil
. >> thank you, steve. >>> weaker than expected click reports in europe is sending the region's markets down. overnight the shanghai scored more than 4%. a strong manufacturing report there boosted confidence in the world's second largest economy. that helped hong kong maybe a small gain. taiwan and south korea all ended their trading session overnight with losses. the futures indicate another mixed opening with dow gaining ground. but it did drop almost 75 points yesterday. we're going to talk about more about the fiscal cliff and how it's effecting the markets. the nasdaq starting just below the 3,000 mark today. and keep an eye on adobe systems when it opens. share prices jumped in premarket trading after the company reported better than expected results. adobe earned $220 million for the quarter that ended last month. that is up $49 million from last year. revenue is plat flat. 2013 will be a pivotal year for the transition to a subscription based service including the creative cloud. >>> time now 5:20. you ever think about what other people are searching for online? the most popular thi
is going on in europe right now, a large part of that is because very large government sector there. melissa: scott, we have an enormous deficit. how will we close that if we don't get money from the rich? >> i think there are lots of ways to raise revenue. privatization was just mentioned. asset sales. sell off a lot of governnt businesses. let's tax some unproductive things out there, things not already in the tax code. there are lots of difficult ways you can raise revenues without underpining economic growth. melissa: that was a test. the answer was we'll cut spending but that is okay. thanks for both of you joining us. >>> to an important gas warning today that affect anyone with car older than 2012. that is whole lot of people. e15 is higher blend of ethanol and gasoline. it is epa approved and sold in handful oftates. aaa says don't use it will damage your car engine. that is aaaaying that. at least 10 car companies saying they will not cover any claims of damage due to this fuel, due to e15. it will void your warranty if you use it. here to expla exactly what you need to kno
and jobs. to work in transport sector -- and it's very, very important for europe, also for our investment. >> the e.u. hopes that the space sector will account for 20% of its gdp by the year 2020. the u.k. space agency has been $2 billion for the european space agency programs. the space agency already contributes 9.1 billion or $14 billion to the u.k. economy. for europe investing in space is investing in the future. >>> medical marijuana is already legal in several states in the united states. now, voters in washington state and colorado have ok'd the recreational use richard branson says yes. >> simply proposed with the harder drugs is do what portugal has done and that is, you know, let the state set up clinics throughout america that if you have a drug problem, you go to that clinic. give them the methodone until they're ready to come off, and when they're ready, you use a drug clinic that costs one-third of the price of a prison medical record to get them back into society. >> go to cnn.com to read sir branson's opinion piece about ending the war on drugs. sxwlirchlgts how nasa is p
cliff and a slowdown in the world's economy and in asia and in europe. so these are the three factors that have come together to give us a sustained drop in the price of gasoline almost over the last three weeks, wolf. >> is this a short-term development? what's in store over the longer term? >> we're into that lower driving season. obviously, spring and summer are bigger driving seasons. you'll see a pickup in demand when we get back into spring. that typically happens. a lot of it depends on the price of oil. that depends on what happens in the world economy. there are two things happening. one is the fiscal cliff. and the recession in europe. if things continue to slow down economically, we'll see less demand for gasoline. if there's more tension in the middle east, we'll see higher prices for oil. those are two things that could affect the price of oil, which will affect the price of gasoline. one thing to remember, that over the last ten years or so, wolf, demand for gasoline has started to drop off, as cars have become more efficient and as we've become better conservers. you'll
and votes coming up this week, secretary of state hillary clinton in europe this week has warned the assad regime and syria against resorting to chemical weapons. >> their behavior is reprehensible. their actions against their own people have been tragic. but there is no doubt that there's a line between even the horrors they have already inflicted on the syrian people and moving to what would be an internationally condemned step of utilizing their chemical weapons. >> joining me is former california congresswoman and president of the woodrow wilson center, jane harman. congresswoman, let's talk first about syria and the chemical weapon threat and all of the pressure now on the u.s. to recognize the opposition and to become more engaged. are there any options that you hear are likely to be taken? >> well, the focus is now on syria. events on the ground are changing. if these published reports are to be believed and there's some efforts to move chemical weapons i believe as hillary clinton has hinted, that will bring the entire international community into this game. that includes russia, w
europe and canada, but turkey is a long-standing member of nato. and turkey/syrian relationings have gone down over time. you can imagine a situation where the assad government picks a fight to widen the conflict. i don't know why they would do that but maybe they've come up with a theory that gives them a better shot at survival. maybe there's an intervention that freezes the regime in its current state. but dying regime with their back against the wall, those are unpredictable and dangerous regimes. i think all options are possible. i don't mean options on the table, but i mean there are a lot of different scene ae aeros could go baedly. it's more dangerous than the iranian situation right now. >> not good to hear. jim walsh, thank you for touching on all three of those top news stories for us. appreciate your insight this afternoon. we should add to the story as well that nato secretary-general says that the defensive missiles could be in place on the turk yishg syrian border in just weeks. in the meantime, the news out of syria from the opposition, 123 more people have been killed acr
. the japanese markets, european countries, countries in europe which are precarious are in bigger trouble. the whole thing is going wacky, one guy is going to be standing in the middle of the storm, not grover norquist or some republican, but the president of the united states who has to weather the storm and point the finger across the aisle to someone nobody else in the world knows and says, speaker boehner, would you solve this problem? i'm not sure -- that's why i'm against you on this one. i think times have changed. >> economically the biggest risk is the sequestration. it's not the tax cuts going into effect. and -- >> you mean the millions of dollars -- >> the cuts that will be forced through in the next two years. that's a much bigger risk to the economy. >> therefore? >> therefore, if the president lets this thing -- look, the markets have already priced this in. >> i hear the opposite. i hear that they believe that grown-ups will do the job when they have to. they don't believe they're going to let us go over the cliff. >> i don't think the grown-ups believe they have to do the
of the neighbors of syria and our allies in europe, some of which have now been ahead of us, that we will focus in on this immediate really potentially disastrous threat of chemical and biological weapons. >> you said a moment ago that iran is our most dangerous enemy. if so, how far should we be willing to go to prevent iran from acquiring nuclear weapons? >> i just echo what everybody said. it's unacceptable for us to allow -- to become a nuclear state. containment is not an acceptable alternative. i think that is absolutely right. it changes the balance of power in the middle east. some of our allies to begin to accommodate. and it's a threat to most of the rest of the world. the sanctions, unprecedented so i think we have to the make sure that our threat of military actions, if they don't take down their nuclear equipment is credible. i'm still not sure it is. they have to believe that the u.s. will use our immense power to the civil the program if they don't. >> make one comment directly pertaining to the overall theme here. starting a long time ago, years ago our sanctions regime should n
networks in europe in a deal worth about 1.7 million >> will be right back with more on traffic and 5:09 is the time right now and there may still be a little jews destined blackberry. >> immigration and customs and force and says that will test the new >>-10 smart phones after phasing out older black bears in favor of i foams. >> the announcement has inject some life investors toward to the stock which had lost about 75% of its value in the last two years on evidence that the make or break >> tin line is gaining traction with are ibm's bread-and-butter customers. >> the >> tale of the sunday were 30. >> amazon spending isn't video service and clout player at a more mobile devices. >> the instant video app is now available on the iphone and the ipad itouch, with options for streaming or downloading content for amazons video collection. >> amazon prime customers also have streaming across to offer 30,000 movies and tv shows on the instant video at pp. >> even though research is bemercedes-benz has been seen record sales and the u.s., there still expected to lose its lead to rival bmw.
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